The fund will consider increasing its investment with an existing real estate manager this summer as its target to the asset class is significantly underweight.
The university hired an investment analyst in its search for junior investment team members to assist in the oversight of its approximately $3.5 billion endowment.
The John S. & James L. Knight Foundation has been at the forefront of bringing valuable data to the discussion around diversity within the asset management space – work that has involved tremendous introspection and a commitment to transparency.
The agency hired an outsourced cio to provide investment management, operations, asset allocation strategy, client service and reporting services for more than $1 billion of its assets.
New director will carry out foundation’s investment program, audit and tax functions and oversee finance and operations following a search from earlier this year.
Target asset allocation changes under consideration for the system’s largest pool would ensure the portfolio is prudently allocated to withstand further disruptions to the market and economy.